Out of the following, which income is chargeable as capital gain : (i) from transfer of self generated goodwill of profession (ii) from transfer of personal jewellery (iii) from transfer of paintings and art-work (iv) fr
CS Executive · Tax Laws and Practice · PYQS · June 2018
Out of the following, which income is chargeable as capital gain : (i) from transfer of self generated goodwill of profession (ii) from transfer of personal jewellery (iii) from transfer of paintings and art-work (iv) from transfer of furniture utilised for personal use
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax
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